Price band for Tess Agro, Ascot
Colombo shares ended lower as both benchmark indices recorded losses
yesterday. ASI dropped 22.71 points (-0.33%) to close at 6,967.62 while
sensitive MPI lost 15.89 index points (-0.25%) to close at 6,271.04.
Market turnover stood at Rs 2.3bn. Tess Agro Plc (Rs.312.4mn) and
Ascot Holdings Plc (Rs 252.7mn) topped the turnover list with heavily
retail activity.
However at the end of the trading the 10% price band was imposed on
both shares by the regulator. Premier blue-chip John Keells Holdings Plc
made the third highest turnover of Rs.154.9mn with 700,000 shares
changed hands as a single crossing at a price of Rs.215.00. JKH closed
at Rs.213.00, down Rs.2.10.
Meanwhile, Panasian Power Plc, Amana Takaful Plc and United Motors
Plc were among the mostly traded stocks during the day.
Lanka Securities Research |